TouchBistro doesn’t just promise a reliable POS system - it promises to make you more money. How? By helping you turn tables faster, and by prompting the server with items to upsell at just the right time. That’s why TouchBistro was the top rated restaurant POS in both 2017 and 2018.
ShopKeep have the POS hardware to support all kinds of retail businesses, but iPads are where they really excel. In fact, ShopKeep is the number one iPad POS on the App Store. The advantages of an iPad POS system for pop-up shops and market stalls are obvious. But permanent shops are also finding favour with iPad systems thanks to their sleek aesthetic and intuitive design.
Lavu champions simplicity. Their system uses images and a smartphone-style setup in order to feel familiar to employees; they can get up and running with the Lavu system in no time at all.
What is a POS System?
A POS system is much more than a simple cash register. In fact, modern POS systems, with their sleek exteriors and sophisticated software, are more like computers than cash registers.
As with most things in life, costs don’t tell the full story. If you manage a store, run a restaurant or own a business in the service sector, choosing a POS system that strikes the right balance between price and performance is one of the most important decisions you’ll make.
How do POS Systems Work?
A point of sale (POS) system manages the sales of products or services and provides pricing information for the merchant and customer. A POS system also processes financial transactions made through various payment methods. It leaves an accurate digital or paper trail of all sales.
Traditional cash registers have received a modern makeover and most are now internet enabled. This type of product is referred to as an electronic point of sale (or EPOS) system.
While every point of sale system should possess certain basic features, more advanced models offer features that help streamline the entire process of running a sales-based business.
From stock management and back office administration through to marketing and restaurant reservations, there’s a wealth of functionality to consider if you’re looking to manage a transactions-based business properly.
When processing a cash or check transaction, point of sale systems work in the same way as a traditional cash register.
What Features does a POS system have?
The primary function of a point of sale system is to process financial transactions quickly and safely. However, there are many secondary functions of point of sale systems to be considered by business owners.
Here are some of the top secondary features of a POS system:
- A stock management program can record every item that enters or leaves the store or warehouse.
- Low-stock alerts allow businesses to reorder new stock.
- Some systems can order low stock automatically from pre-programed suppliers.
- Staff management software can eliminate the need to pay for a standalone people management system.
- Individual system log-ins for your software can accurately record clocking in and clocking out times, making it simple to determine exact wage payments due for by-the-hour staff.
- Holidays, sickness and staff absences can be monitored and shared through multiple systems across different venues owned by the same parent company.
- Back office administration can help streamline business processes, improving employee knowledge and efficiency.
- Customized integrated venue maps can be used to clearly demonstrate the layout of things like restaurant tables, making it quicker to deliver products to the right customer.